Feb new home sales plunge 60% on lack of new launches
Amid slower activity, some well-heeled buyers are showing a preference for city fringe locations like Katong
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Singapore
NEW homes sales by developers plunged 60 per cent to 639 units in February from 1,609 in January in the absence of new project launches and the Chinese New Year holidays.
This contrasted sharply in January, where just one new project, the 1,862-unit Normanton Park - moved 625 units.
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